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Loans Available for Nonprofits in the CARES Act (Public Law 116-136)

Publication date:

April, 2020

Source(s):

National Council of Nonprofits

The Coronavirus Aid, Relief, and Economic Security Act CARES Act (Pub. L. 116-136) defined a number of programs that charitable nonprofits will be eligible to apply for. The chart that follows provides information on those loan options, eligibility criteria, terms, and application information. This chart is neither financial nor legal advice for any specific organization. It is an analysis of the new law before any rules or regulations.